Nonlinear dynamics of livestock assets: Evidence from Ethiopia
Recent research on the intertemporal dynamics of poverty using microeconomic data often hints at the existence of poverty traps, where some find themselves trapped at a low-level stable equilibrium while others enjoy a higher stable equilibrium. Without a sizable positive shock to well-being, those...
| Autores principales: | , |
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| Formato: | Artículo preliminar |
| Lenguaje: | Inglés |
| Publicado: |
International Food Policy Research Institute
2012
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/154020 |
| _version_ | 1855519164374974464 |
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| author | Van Campenhout, Bjorn Dercon, Stefan |
| author_browse | Dercon, Stefan Van Campenhout, Bjorn |
| author_facet | Van Campenhout, Bjorn Dercon, Stefan |
| author_sort | Van Campenhout, Bjorn |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Recent research on the intertemporal dynamics of poverty using microeconomic data often hints at the existence of poverty traps, where some find themselves trapped at a low-level stable equilibrium while others enjoy a higher stable equilibrium. Without a sizable positive shock to well-being, those trapped at the low equilibrium will not automatically outgrow destitution, but merely fluctuate around that low-level equilibrium. Given the dramatic policy consequences implied by such a theory, knowledge about the location of the different equilibria would be extremely helpful. In this paper, we explore the possibilities of threshold-type models to identify those crucial parameters. We illustrate the method by searching for traps in the dynamics of livestock asset holdings in rural Ethiopia. We find evidence of distribution-dependent dynamics and multiple equilibria for tropical livestock units. |
| format | Artículo preliminar |
| id | CGSpace154020 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2012 |
| publishDateRange | 2012 |
| publishDateSort | 2012 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1540202025-11-06T05:38:08Z Nonlinear dynamics of livestock assets: Evidence from Ethiopia Van Campenhout, Bjorn Dercon, Stefan microeconomics data livestock assets poverty supply balance rural areas Recent research on the intertemporal dynamics of poverty using microeconomic data often hints at the existence of poverty traps, where some find themselves trapped at a low-level stable equilibrium while others enjoy a higher stable equilibrium. Without a sizable positive shock to well-being, those trapped at the low equilibrium will not automatically outgrow destitution, but merely fluctuate around that low-level equilibrium. Given the dramatic policy consequences implied by such a theory, knowledge about the location of the different equilibria would be extremely helpful. In this paper, we explore the possibilities of threshold-type models to identify those crucial parameters. We illustrate the method by searching for traps in the dynamics of livestock asset holdings in rural Ethiopia. We find evidence of distribution-dependent dynamics and multiple equilibria for tropical livestock units. 2012 2024-10-01T13:58:59Z 2024-10-01T13:58:59Z Working Paper https://hdl.handle.net/10568/154020 en Open Access application/pdf International Food Policy Research Institute Van Campenhout, Bjorn; Dercon, Stefan. 2012. Nonlinear dynamics of livestock assets: Evidence from Ethiopia. IFPRI Discussion Paper 1215. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/154020 |
| spellingShingle | microeconomics data livestock assets poverty supply balance rural areas Van Campenhout, Bjorn Dercon, Stefan Nonlinear dynamics of livestock assets: Evidence from Ethiopia |
| title | Nonlinear dynamics of livestock assets: Evidence from Ethiopia |
| title_full | Nonlinear dynamics of livestock assets: Evidence from Ethiopia |
| title_fullStr | Nonlinear dynamics of livestock assets: Evidence from Ethiopia |
| title_full_unstemmed | Nonlinear dynamics of livestock assets: Evidence from Ethiopia |
| title_short | Nonlinear dynamics of livestock assets: Evidence from Ethiopia |
| title_sort | nonlinear dynamics of livestock assets evidence from ethiopia |
| topic | microeconomics data livestock assets poverty supply balance rural areas |
| url | https://hdl.handle.net/10568/154020 |
| work_keys_str_mv | AT vancampenhoutbjorn nonlineardynamicsoflivestockassetsevidencefromethiopia AT derconstefan nonlineardynamicsoflivestockassetsevidencefromethiopia |